GAMING AND LEISURE PROPERTIES, INC. (NASDAQ:GLPI) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

ME Staff 8-k
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GAMING AND LEISURE PROPERTIES, INC. (NASDAQ:GLPI) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Item 5.02. Departure of Directors or Certain Officers; Election
of Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.

On May 23, 2017, the Board of Directors (the Board) of Gaming and
Leisure Properties, Inc. (the Company) appointed Barry F.
Schwartz to serve as a director of the Company effective
immediately, subject to receipt of customary regulatory
approvals.
The Board has determined that Mr. Schwartz qualifies as an
independent director under the director independence standards
set forth in the rules and regulations of the Securities and
Exchange Commission and the applicable listing standards of the
NASDAQ Stock Market LLC.
Mr. Schwartz brings extensive leadership and MA experience from a
wide range industries, including gaming, technology, marketing
services, transaction solutions and intelligent media delivery,
to the Board. He has served in several leadership roles with
MacAndrews Forbes Incorporated and various affiliates, including
currently as Vice Chairman, as Executive Vice Chairman from
October 2007 to January 2017, Executive Vice President and
General Counsel from 1993 to 2007 and Senior Vice President from
1989 to 1993. Mr. Schwartz is a director of Revlon, Inc., Revlon
Consumer Products Corporation and Scientific Games Corporation.
During the past five years, Mr. Schwartz also served as a
director of Harland Clarke Holdings Corp. and M F Worldwide Corp.
There are no arrangements or understandings between Mr. Schwartz
and any other person to which he was selected as a director. Mr.
Schwartz has not been a party to any transaction involving the
Company required to be disclosed under Item 404(a) of Regulation
S-K.
Mr. Schwartz will receive compensation for his service as a
director consistent with the Companys compensation practices for
non-employee directors as described under the caption Director
Compensation in the Companys proxy statement filed with the
Securities and Exchange Commission on April 27, 2017.
On May 23, 2017, the Company issued a press release announcing
Mr. Schwartzs election to the Board, a copy of which is attached
hereto as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
Exhibit
Number
Description
99.1
Gaming and Leisure Properties, Inc. Press Release,
dated May 23, 2017
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About GAMING AND LEISURE PROPERTIES, INC. (NASDAQ:GLPI)

Gaming and Leisure Properties, Inc. (GLPI) is a self-administered and self-managed Pennsylvania real estate investment trust (REIT). The Company is engaged in the business of acquiring, financing and owning real estate property to be leased to gaming operators in triple net lease arrangements. The Company’s segments include GLP Capital, L.P. (GLP Capital), which is a subsidiary of GLPI, through which GLPI owns all of its real estate assets, and the TRS Properties. The GLP Capital segment consists of the leased real property and represents the Company’s business. The TRS Properties segment consists of Hollywood Casino Perryville and Hollywood Casino Baton Rouge. The Company’s portfolio consists of approximately 20 gaming and related facilities, including the TRS Properties and the real property associated with over 20 gaming and related facilities operated by Penn National Gaming, Inc. and the real property associated with the Casino Queen in East St. Louis, Illinois.

GAMING AND LEISURE PROPERTIES, INC. (NASDAQ:GLPI) Recent Trading Information

GAMING AND LEISURE PROPERTIES, INC. (NASDAQ:GLPI) closed its last trading session up +0.15 at 36.55 with 1,515,458 shares trading hands.